HS Code:
Mixtures of any of the above category (HS Code: 3824.99) encompass a wide range of chemical products and preparations not elsewhere specified or included in the Harmonized System. This category includes mixtures of chemicals, industrial preparations, and other composite products used across various industries such as manufacturing, agriculture, and construction. These products are critical for specialized applications, including additives, stabilizers, and other functional mixtures.
Total Trade Volume
USD 45.6 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12.5% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Growing demand for eco-friendly mixtures
Increased innovation in biodegradable and non-toxic chemical preparations, driven by regulatory pressures and consumer preferences.
2021-2022
Rise in industrial applications
Higher demand for specialized mixtures in manufacturing and construction sectors, especially in emerging economies.
2020-2022
Supply chain disruptions
Delays and cost increases due to global logistics challenges and raw material shortages post-COVID-19.
2021-2022
The European Union's Green Deal has introduced stricter regulations on chemical mixtures to reduce environmental impact, affecting exporters to the EU market.
March 2023
Increased compliance costs for exporters but potential long-term benefits through access to a sustainability-focused market.
A new phase of the US-China trade agreement has reduced tariffs on certain chemical mixtures, boosting bilateral trade in this category.
January 2023
Positive for exporters from both countries, with an expected increase in trade volume by 5-7% in 2023.
Major economies have launched initiatives to stabilize supply chains for industrial chemicals, including mixtures, to mitigate disruptions.
June 2022
Improved availability and reduced lead times for critical mixtures, benefiting industries reliant on timely supply.